Greenland Ruby Announces Opening of Ruby Mine

GREENLAND RUBY - PRESS RELEASE Thursday 11 May 2017

Greenland Ruby Announces The Official Opening of their Ruby and Pink Sapphire Mining Operation at Aappalutoo, Southwest Greenland.

It is with great pleasure that Greenland Ruby A/S announces that they have started production at their ruby mine site in Aappaluttoq, in the southwest region of Greenland. The operation, which is known to be the most advanced colored gemstone mine in the arctic, will shortly be able to supply industry stakeholders with a consistent, responsible and transparent source of ruby and pink sapphire.

During the official opening at the site, Gunnar Moe, CEO LNS said: “We are extremely proud to be the first commercial gemstone mining operation in Greenland, and look forward to entering the marketplace with ruby material that can match that from traditional sources such as Burma, Thailand or recent findings in Mozambique”. He also welcomed official guests which included the Premier, Kim Kielsen and the Minister of Raw Minerals, Mute Bourup Egede.

The mine is located at Aappaluttoq, meaning ‘Red’ in Greenlandic, and refers to the rubybearing rock known by locals for centuries but only recently officially ‘discovered’. The deposit is ‘primary’ type, meaning that the rubies are extracted from hard rock (mainly mica and amphibole). The fascinating things is that these rubies are known to be the oldest in the world. The deposit is fairly easy to access as it is located on gentle hills surrounded by majestic fjords. A small port was built nearby to bring the heavy equipment necessary to work under extreme arctic conditions. A heliport provides shuttle service for employees and provisions to the site.

Mine Overview

The Aappaluttoq Ruby Mine is Greenland’s first gem corundum mine, and is located on tide water approximately 250km south of Greenlands’ capital, Nuuk. The location was geologically defined between 2002 and 2012 and construction of the mine was initiated in 2014. The mine is operated by LNS Greenland A/S, a highly experienced Greenlandic based mining contractor. Sales and Marketing operations will be done by Greenland Ruby A/S.

About Greenland Ruby

A/S Greenland Ruby, A/S is a sister company of LNS Greenland A/S, the mine operator. The company was established in October 2016 to take over the exploitation license and to act as a sales and marketing portal for promotion and sales of the Greenlandic rubies and pink sapphires. Sales and Marketing operations will be out of New York, USA.

About LNS Greenland

A/S LNS Greenland A/S is the mine operator at the Aappaluttoq Ruby Mine. The company´s strategy is to be the premier partner on minerals projects and major civil works in Greenland and the LNS Group with its considerably international competence has a long term vision for working in Greenland and wishes to be an active partner in future large scale projects in Greenland. The company was formerly known as Greenland Mining Services A/S and changed its name to LNS Greenland A/S in 2012. LNS Greenland A/S was founded in 1990 and is headquartered in Nuuk, Greenland.

FOR MORE INFORMATION, PLEASE CONTACT HAYLEY A. HENNING - This email address is being protected from spambots. You need JavaScript enabled to view it.